Demand Normalization
Search documents
J.M. Smucker's Pet Food Sales Soft: Is Demand Normalizing Yet?
ZACKS· 2026-01-12 14:55
Key Takeaways J.M. Smucker's U.S. Retail Pet Foods sales declined 7% to $413.2M amid continued category normalization.SJM saw volume and mix cut sales by 8 points due to weaker dog snacks and lapped divested brands.J.M. Smucker's segment profit rose 2% as pricing and lower costs drove a 280-basis-point margin gain.The J. M. Smucker Company’s (SJM) U.S. Retail Pet Foods segment delivered soft top-line results in the second quarter of fiscal 2026, underscoring ongoing normalization across the category followi ...